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Wednesday December 25, 2024

CSR matters

By News Desk
December 25, 2024
CSR matters

Picture a child growing up near a polluted river, unable to access clean water or envision a brighter future – this is the reality for many in Pakistan. Companies operating within our borders must recognise their responsibility to invest in people and actively contribute to the welfare of society. Ethical business practices and philanthropy are central components in this transformation. Regrettably, fair wages remain elusive for millions of Pakistani workers; with industries, in many instances, exploiting labour to cut costs. Ensuring equitable wages and safe working conditions could uplift thousands of families and strengthen our economy through advancing productivity and morale among workers. Pakistan also ranks among the most vulnerable countries to climate change.

In spite of this, industries are unabated in their river pollution, depletion of natural resources, and emission of harmful greenhouse gases. The onus is on Pakistani businesses to change. By incorporating CSR – ensuring fair wages, committing sustainable practices, and investing in community welfare – they can make way for a fairer and stronger Pakistan. It is time for corporate leaders to redefine their role and become key contributors to national development and a better future for all.

Muhammad Shahjahan Memon

Islamabad